The midfielder was a £24 million signing from Barcelona in 2010 and his current, five-year deal expires in 2015.

And Mancini, who hailed Toure as one of the best players in Europe, hopes he will stay longer.

"I think he can [sign a new contract]," said the Italian manager. "Yaya is a very important player for us and for me personally is one of the best players in Europe."

Toure scored the goal that ended City's 35-year wait for a trophy to defeat Stoke City in the 2011 FA Cup final and was a pivotal player as they became champions for the first time in 44 years last season.

The former Champions League winner said that making history is part of the reason why he is enjoying his stay in Manchester and wants to extend it.

"In life, there is not only money. It's good for family, parents ... But it doesn't give you everything. I've had a good wage since my arrival at City", he told French newspaper L'Equipe.

"I came from Barcelona, with an important history. To go to City, with a less important one, but one that I want to help write. I can make the history of City. I'm sure that when I am older, people will continue to talk about me here. I want to finish my career at City, for respect from the fans."

Toure also declared himself unconcerned by stories of his restlessness at the club, adding: "Of course there are rows at a big club, with all the people with different egos, including mine."

Mancini, too, described this behaviour as normal. "As a manager I have had a lot of top players like this and the same [when I was] a player," he said. "This is normal in a top squad where you have 14-15 players at this level. It is normal you can have this problem but we don't have any other problems."